Last Updated: Monday, September 7, 2015, 20:42
As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.
Last Updated: Tuesday, August 25, 2015, 23:18
As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.
Last Updated: Monday, August 24, 2015, 23:04
The steep depreciation of rupee will not give an immediate advantage to the country's exporters, trade bodies said Monday.
Last Updated: Wednesday, May 20, 2015, 19:06
IT stocks were in limelight Wednesday, gaining nearly 3 percent, as the stronger US currency boosts the sales of software firms in rupee terms.
Last Updated: Wednesday, December 17, 2014, 19:46
The continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank, according to a survey.
Last Updated: Thursday, September 26, 2013, 21:29
India Ratings Thursday said the government is likely to miss the fiscal deficit target of 4.8 percent this fiscal due to the recent steep fall in rupee, and pegged the gap at over 5 percent.
Last Updated: Tuesday, September 17, 2013, 18:48
Debt inflows could result in two ways, either sovereign bond issue by the government or encouraging PSUs with strong balance sheets to issue corporate bonds, the study said.
Last Updated: Monday, September 16, 2013, 18:35
"All that I can say is that the RBI, I believe, will take into account the behaviour of inflation as well as what is happening in the foreign exchange market and take a decision," he said on the sidelines of an Assocham organised event here.
Last Updated: Sunday, September 8, 2013, 14:05
The rupee has depreciated more than 20 percent since May and is hovering around 65 per dollar as of now. This has pushed up costs of imported spares of most of the automakers in the country.
Last Updated: Monday, September 2, 2013, 09:04
In many ways, Chidambaram has been grappling virtually alone with India's economic emergency since he became finance minister for a third time 13 months ago.
Last Updated: Sunday, September 1, 2013, 21:50
Slamming PM Manmohan Singh for the poor state of economy and the slide of the Indian rupee, Madhya Pradesh Chief Minister Shivraj Singh Chouhan today blamed him for damaging the country`s image.
Last Updated: Sunday, September 1, 2013, 14:19
India's forex reserves decreased by USD 1.08 billion to USD 277.72 billion for the week ended August 23, according to the latest RBI data.
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